The UN Food and Agriculture Organization (FAO) has warned that restrictions on ship movement in the Strait of Hormuz could trigger a global food crisis within six months.
FAO noted that decisions by farmers and governments regarding fertilizer use, imports, financing, and crop selection will determine how sharply food prices rise by late this year or early 2027.
In April, the food price index rose for the second time in three months, driven by high energy prices and problems with ship passage in the Strait of Hormuz due to the conflict in the Middle East.
FAO stated that repercussions will unfold in stages: first energy prices, then fertilizer and seed prices will spike sharply, followed by lower agricultural productivity in agrarian countries. As a result, the world risks food inflation affecting end consumers.
